Quarterly report pursuant to Section 13 or 15(d)

3. Property and Equipment, Net

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3. Property and Equipment, Net
 6 Months Ended
Jun. 30, 2017
Property, Plant and Equipment [Abstract]  
Property and Equipment, Net

The Company has property and equipment as follows as of June 30, 2017 and December 31, 2016:

 

    June 30, 2017     December 31, 2016  
Furniture and Equipment   $ 12,385     $ 12,385  
Computer Equipment     72,062       42,654  
Leasehold Improvements     176,903       176,903  
Software     15,737       15,737  
Property and Equipment, Gross     277,087       247,679  
Less Accumulated Depreciation     (191,084 )     (157,218 )
Property and Equipment, Net   $ 86,003     $ 90,461  

 

During the three months ended June 30, 2017 and 2016, the Company recorded depreciation expense of $16,933 and $16,428, respectively. During the six months ended June 30, 2017 and 2016, the Company recorded depreciation expense of $33,865 and $33,063, respectively.